Australian Catholic Superannuation investments are expressed in units.

In each of your investment options, you hold a number of units. The units are valued each week, and their value goes up or down, depending on how investment markets perform i.e. investment earnings are included in the unit price each week.

Each investment option has two unit prices:

• A buy price for purchasing units (e.g. making contributions, switching investments)
• A sell price for selling units (e.g. taking a lump sum benefit, receiving pension payments).

With the exception of the Cash option, there is a difference between the two prices, called a buy-sell spread. This difference is used to pay the costs of buying and selling investment assets.

Your account balance at any time is the number of units you hold in a particular option multiplied by the sell price for that option.

The table below lists the current unit prices for our Superannuation Plan investment options.